Step-by-step explanation:
62,500 times 1.6%=100
62,500 + 100= 62,600
62,600 times 1.6%= 100.16
62,600 + 100.16=62,700.16
62,700.16 times 1.6%= 100.320256
62,700.16 + 100.320256= something
step-by-step explanation: